HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: Strato-beef

Strato-beef

posted on Jul 01, 2008 10:39AM

You must read Dr.Mungall's observations from the May 27 10:06 AM press release to gain an understanding of the delays.It is becoming evident that the area hosts a vast mafic to ultramafic layered intrusion presently estimated to be in excess of 500 sq.km.Geologic comparisons are being made to similar intrusions(Bushveld Igneous Complex) in order to gain knowledge of the mechanics involved.IMO,this exploration is going to take a heck of alot more time.I can now see why they are still drilling at Eagle 2 with 2 drills,why Dr.Mungall resigned from a promising career to become chief geologist(and to have a reef named after himself) and also why we are not being kept abreast of every little detail of the exploration process.The floundering shareprice "comes with the territory" I suppose but if we are into something with this magnitude of potential then extreme patience is required for maximum gain.JMO.BTW there are several companies well positioned on this intrusion with low shareprice and float so everyone should Dig Deeper(new meaning for DD)Please look at these 2 links for more info.GLTA.

cs.

http://en.wikipedia.org/wiki/Bushvel...

http://en.wikipedia.org/wiki/Merensk...

Share
New Message
Please login to post a reply